Question: On a variable costing income statement, the difference between sales and variable cost of goods sold is called: Select one: a. gross margin. b. contribution
On a variable costing income statement, the difference between sales and variable cost of goods sold is called:
Select one:
a. gross margin.
b. contribution margin.
c. profit margin.
d. manufacturing margin.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
